ARI arika resources limited

What to do, page-2

  1. 1,118 Posts.
    Beardy I told u this would happen on my "administration then liquidation"thread.
    Mr Pyne is the only sane one here who was not going to commit taxpayers funds to ab outfit that was bleeding money.
    Heard on the need even the SA labor govt have no accepted the I evitable administration.
    Once this all plays out the company will be competely recapitalised but that is after creditors including banks accept imo far less than 80 c on the dollar at best leaving shareholders zilch.
    This is how these matters generally play out and it is a long drawn out costly process, possiblyo her than usual given ARI large and intricate web of financials.
 
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